Market Overview:
The global wireless vibration monitor market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for wireless vibration monitors in various industrial applications, such as oil & gas, chemical, energy, and manufacturing sectors. In addition, the growing awareness about safety and security among industrial workers is also propelling the demand for wireless vibration monitors across different regions. Based on Wi-Fi network standard, the global wireless vibration monitor market can be segmented into Wi-Fi 802.11a/b/g/n/ac and others segments. The Wi-Fi 802.11a/b/g/n segment is expected to hold a major share of the global market during the forecast period owing to its high adoption rate in various industrial applications across different regions worldwide. Based on Bluetooth network standard, the global wireless vibration monitor market can be segmented into Bluetooth Classic and Bluetooth Low Energy (BLE) segments.
Product Definition:
A wireless vibration monitor is a device that is used to measure the level of vibration in a particular area. This device can be used to help protect workers from the dangers of excessive vibration, and it can also be used to ensure that machinery is running smoothly and does not produce excessive levels of vibration.
Based on Wi-Fi Network Standard:
Based on Wi-Fi network standard, it's usage and growth factor in Wireless Vibration Monitor market is WLAN (Wireless Local Area Network) technology that provides benefits of both wireless and wired networks. It uses radio waves to connect devices wirelessly. The primary purpose of a WLAN is to provide connectivity for local area networking within a private office, home or small business network.
Based on Bluetooth Network Standard:
Based on Bluetooth network standard and it's usage in wireless vibration monitor market. The global market is expected to grow at a CAGR of XX% from 2016 to 2024. This growth can be attributed to the increasing adoption of Bluetooth-based devices such as headsets, speakers, and headphones across all industry verticals.
Application Insights:
The manufacturing application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% from 2018 to 2030. The growth can be attributed to the increasing adoption of wireless vibration monitors in industrial applications such as warehouse management, material handling, assembly line testing and packaging. Moreover, growing concerns regarding asset reliability and reduction costs associated with monitoring are expected to drive the demand further.
The chemical sector is also anticipated to witness significant growth over the forecast period owing to factors such as rising investments by major companies for research & development activities related wireless vibration sensors technology within this sector.
Regional Analysis:
The market in the Asia Pacific and MEA regions is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing adoption of automation, networking and sensor technologies across numerous industrial applications. Furthermore, rising demand for wireless sensors that can be integrated with mobile devices is anticipated to drive regional product demand over the next eight years.
The market in North America accounted for more than 25% revenue share in 2016 owing to early technology adoption by various end-use industries such as oil & gas, manufacturing, chemical among others. Moreover, presence of prominent players such as Honeywell International Inc.; Nest; Cisco Systems Inc.; Samsung Electronics Co., Ltd; and Siemens AG will continue driving regional growth over the forecast period.
Growth Factors:
- Increasing demand for wireless vibration monitors in automotive and aerospace industries for predictive maintenance of critical equipment.
- Growing popularity of condition-based monitoring (CBM) to improve equipment reliability and reduce downtime costs.
- Increasing number of industrial automation projects that require wireless vibration monitoring for real-time data acquisition and analysis.
- Proliferation of IIoT platforms that provide ready-made connectivity infrastructure and support for wireless vibration monitoring applications.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wireless Vibration Monitor Market Research Report
By Type
Based on Wi-Fi Network Standard, Based on Bluetooth Network Standard, Based on WirelessHART Network Standard, Based on ISA100.11a Network Standard, Based on Zigbee Network Standard, Others
By Application
Manufacturing, Oil & Gas, Chemical, Engery, Others
By Companies
SKF Group, GE, Schaeffler Group, Honeywell, National Instruments, Waites, Fluke, ABB, PCB Piezotronics, Inc., Emerson Electric, SKF Group, Evigia Systems, Inc., SPM Instrument
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global Wireless Vibration Monitor Market Report Segments:
The global Wireless Vibration Monitor market is segmented on the basis of:
Types
Based on Wi-Fi Network Standard, Based on Bluetooth Network Standard, Based on WirelessHART Network Standard, Based on ISA100.11a Network Standard, Based on Zigbee Network Standard, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Manufacturing, Oil & Gas, Chemical, Engery, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SKF Group
- GE
- Schaeffler Group
- Honeywell
- National Instruments
- Waites
- Fluke
- ABB
- PCB Piezotronics, Inc.
- Emerson Electric
- SKF Group
- Evigia Systems, Inc.
- SPM Instrument
Highlights of The Wireless Vibration Monitor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Based on Wi-Fi Network Standard
- Based on Bluetooth Network Standard
- Based on WirelessHART Network Standard
- Based on ISA100.11a Network Standard
- Based on Zigbee Network Standard
- Others
- By Application:
- Manufacturing
- Oil & Gas
- Chemical
- Engery
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Wireless Vibration Monitor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Wireless Vibration Monitor is a device that measures vibration levels in an area. It can be used to detect potential problems with equipment, such as faulty motors or bearings.
Some of the major players in the wireless vibration monitor market are SKF Group, GE, Schaeffler Group, Honeywell, National Instruments, Waites, Fluke, ABB, PCB Piezotronics, Inc., Emerson Electric, SKF Group, Evigia Systems, Inc., SPM Instrument.
The wireless vibration monitor market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wireless Vibration Monitor Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Wireless Vibration Monitor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wireless Vibration Monitor Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Wireless Vibration Monitor Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Wireless Vibration Monitor Market Size & Forecast, 2018-2028
4.5.1 Wireless Vibration Monitor Market Size and Y-o-Y Growth
4.5.2 Wireless Vibration Monitor Market Absolute $ Opportunity
Chapter 5 Global Wireless Vibration Monitor Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Wireless Vibration Monitor Market Size Forecast by Type
5.2.1 Based on Wi-Fi Network Standard
5.2.2 Based on Bluetooth Network Standard
5.2.3 Based on WirelessHART Network Standard
5.2.4 Based on ISA100.11a Network Standard
5.2.5 Based on Zigbee Network Standard
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Wireless Vibration Monitor Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Wireless Vibration Monitor Market Size Forecast by Applications
6.2.1 Manufacturing
6.2.2 Oil & Gas
6.2.3 Chemical
6.2.4 Engery
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wireless Vibration Monitor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Wireless Vibration Monitor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Wireless Vibration Monitor Analysis and Forecast
9.1 Introduction
9.2 North America Wireless Vibration Monitor Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Wireless Vibration Monitor Market Size Forecast by Type
9.6.1 Based on Wi-Fi Network Standard
9.6.2 Based on Bluetooth Network Standard
9.6.3 Based on WirelessHART Network Standard
9.6.4 Based on ISA100.11a Network Standard
9.6.5 Based on Zigbee Network Standard
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Wireless Vibration Monitor Market Size Forecast by Applications
9.10.1 Manufacturing
9.10.2 Oil & Gas
9.10.3 Chemical
9.10.4 Engery
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Wireless Vibration Monitor Analysis and Forecast
10.1 Introduction
10.2 Europe Wireless Vibration Monitor Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Wireless Vibration Monitor Market Size Forecast by Type
10.6.1 Based on Wi-Fi Network Standard
10.6.2 Based on Bluetooth Network Standard
10.6.3 Based on WirelessHART Network Standard
10.6.4 Based on ISA100.11a Network Standard
10.6.5 Based on Zigbee Network Standard
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Wireless Vibration Monitor Market Size Forecast by Applications
10.10.1 Manufacturing
10.10.2 Oil & Gas
10.10.3 Chemical
10.10.4 Engery
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Wireless Vibration Monitor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Wireless Vibration Monitor Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Wireless Vibration Monitor Market Size Forecast by Type
11.6.1 Based on Wi-Fi Network Standard
11.6.2 Based on Bluetooth Network Standard
11.6.3 Based on WirelessHART Network Standard
11.6.4 Based on ISA100.11a Network Standard
11.6.5 Based on Zigbee Network Standard
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Wireless Vibration Monitor Market Size Forecast by Applications
11.10.1 Manufacturing
11.10.2 Oil & Gas
11.10.3 Chemical
11.10.4 Engery
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Wireless Vibration Monitor Analysis and Forecast
12.1 Introduction
12.2 Latin America Wireless Vibration Monitor Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Wireless Vibration Monitor Market Size Forecast by Type
12.6.1 Based on Wi-Fi Network Standard
12.6.2 Based on Bluetooth Network Standard
12.6.3 Based on WirelessHART Network Standard
12.6.4 Based on ISA100.11a Network Standard
12.6.5 Based on Zigbee Network Standard
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Wireless Vibration Monitor Market Size Forecast by Applications
12.10.1 Manufacturing
12.10.2 Oil & Gas
12.10.3 Chemical
12.10.4 Engery
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Wireless Vibration Monitor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Wireless Vibration Monitor Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Wireless Vibration Monitor Market Size Forecast by Type
13.6.1 Based on Wi-Fi Network Standard
13.6.2 Based on Bluetooth Network Standard
13.6.3 Based on WirelessHART Network Standard
13.6.4 Based on ISA100.11a Network Standard
13.6.5 Based on Zigbee Network Standard
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Wireless Vibration Monitor Market Size Forecast by Applications
13.10.1 Manufacturing
13.10.2 Oil & Gas
13.10.3 Chemical
13.10.4 Engery
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Wireless Vibration Monitor Market: Competitive Dashboard
14.2 Global Wireless Vibration Monitor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SKF Group
14.3.2 GE
14.3.3 Schaeffler Group
14.3.4 Honeywell
14.3.5 National Instruments
14.3.6 Waites
14.3.7 Fluke
14.3.8 ABB
14.3.9 PCB Piezotronics, Inc.
14.3.10 Emerson Electric
14.3.11 SKF Group
14.3.12 Evigia Systems, Inc.
14.3.13 SPM Instrument
